37.67 F
New York
January 19, 2021

adjusted

Adjusted Post Holdings earnings drop 50% in year

FoodBusinessNews
ST. LOUIS — Weak fourth-quarter sales in the company’s North American ready-to-eat cereal business and a forecast for weaker earnings ahead spooked investors, triggering a decline in the share price of Post Holdings, Inc. For the year ended Sept. 30, adjusted net earnings at Post Holdings were down 50% from......

Flowers Foods adjusted earnings jump 36%

FoodBusinessNews
THOMASVILLE, GA. — A major shift from private label to branded retail sales and a 36% increase in adjusted net income were among highlights in third-quarter financial results of Flowers Foods, Inc. Flowers net income in the third quarter ended Oct. 3 was $44,347,000, equal to 21¢ per share on......

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